Newlink Technology Valuation

Is 9600 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 9600 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 9600's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 9600's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9600?

Key metric: As 9600 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 9600. This is calculated by dividing 9600's market cap by their current revenue.
What is 9600's PS Ratio?
PS Ratio	1.2x
Sales	CN¥250.45m
Market Cap	CN¥307.24m

9600 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.09x
Enterprise Value/EBITDA	-0.2x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 9600's PS Ratio compare to its peers?

The above table shows the PS ratio for 9600 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1.2x
1985 Microware Group	0.3x	n/a	HK$335.5m
1900 China ITS (Holdings)	0.4x	n/a	HK$338.9m
1402 i-Control Holdings	2.4x	n/a	HK$294.1m
46 Computer And Technologies Holdings	1.6x	n/a	HK$407.7m
9600 Newlink Technology	1.2x	n/a	HK$330.3m

Price-To-Sales vs Peers: 9600 is expensive based on its Price-To-Sales Ratio (1.2x) compared to the peer average (1.2x).

Price to Sales Ratio vs Industry

How does 9600's PS Ratio compare vs other companies in the HK IT Industry?

4 Companies	Price / Sales	Estimated Growth	Market Cap
1147 Edensoft Holdings	0.2x	n/a	US$19.44m
1460 ICO Group	0.1x	n/a	US$16.69m
862 Vision Values Holdings	0.2x	n/a	US$12.60m
8319 Expert Systems Holdings	0.09x	n/a	US$11.25m

No more companies available in this PS range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 9600 is expensive based on its Price-To-Sales Ratio (1.2x) compared to the Hong Kong IT industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is 9600's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

9600 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 9600's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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